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Bursa Malaysia Ends Lower In Sync With Most Regional Markets

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia closed lower in tandem with the weak performance across the region following a negative cue from global equities overnight with strong selling In technology stocks, said an analyst. 

MPOC Expects CPO Prices To Stay Above RM4,000 In October Amid Market Fluctuations

KUALA LUMPUR, Oct 16 (Bernama) -- Crude palm oil (CPO) prices are expected to remain stable above RM4,000 per tonne in October despite ongoing market fluctuations, according to the Malaysian Palm Oil Council (MPOC).

Bursa Malaysia Ends Morning Session Lower On Profit-taking

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia ended the morning trading session lower, weighed down by profit-taking as markets digested the latest corporate earnings in the United States (US), analysts said. 

Govt Reforms Supporting Ringgit's Strength Vs Regional Currencies

KUALA LUMPUR, Oct 16 (Bernama) -- The ringgit has shown stronger performance versus regional currencies, driven by investor confidence in the country's reform agenda.

OPR Decision Will Continue to Be Driven by Domestic Factors - Amir Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Bank Negara Malaysia’s (BNM) decision on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Lower at Mid-Morning

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia traded lower at mid-morning as sentiments and risk appetites remained subdued after a Wall Street sell-off overnight. 

FBM KLCI Futures Lower In Early Trade

KUALA LUMPUR, Oct 16 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures were lower in the early trade today, tracking the underlying cash market. 

Bursa Malaysia Opens Mixed But Turns Lower Thereafter

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Oct 16 (Bernama) -- Bursa Malaysia opened mixed today but turned lower thereafter, tracking Wall Street's overnight performance which closed lower after its recent rally, said an analyst. 

Ringgit Ends Lower Amid Expectation Of Smaller US Rate Cut, Sharp Fall In Oil Price

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 15 (Bernama) -- The ringgit depreciated against the US dollar at the close on Tuesday amid a sharp fall in the price of oil and on continued expectations of a smaller cut in US interest rates going forward.

CPO Futures Close Lower On Weaker Soybean, Crude Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 15 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking weakness in the Chicago Board of Trade’s soybean oil futures overnight and lower crude oil prices, said palm oil trader David Ng.

Gold Futures Close Lower On Strengthening US Dollar

KUALA LUMPUR, Oct 15 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended lower today, weighed down by the US dollar’s stronger performance.

Skills-related Underemployment Shows Declining Trend

KUALA LUMPUR, Oct 15 (Bernama) -- The skills-related underemployment (SRU) rate has continued to fall in line with improvements in the country's education level, said Deputy Economy Minister Datuk Hanifah Hajar Taib.